Friday, March 20, 2009

Opinion: How to forestall the next Madoff - The Wisconsin Jewish Chronicle

Opinion: How to forestall the next Madoff - The Wisconsin Jewish Chronicle: "Chicago (JTA) — “Trust, but verify,” one of President Ronald Reagan’s favorite maxims, has new meaning for America’s not-for-profit community, which manages billions of dollars of contributions, endowments and grants.

In this era of global financial crisis, philanthropic investors are suffering the same fallout from mismanagement, lax oversight and outright thievery that has affected the private sector."

No comments: